FedEx

FedEx is the world's largest express transportation company, delivering some 3.3 million packages daily. It includes FedEx Freight, which hauls heavier items throughout the U.S., and FedEx Kinko's, which offers copying, printing, and graphic design services and sells office supplies, and serves as a drop-off point for customers mailing packages.

Ties to the American Legislative Exchange Council
FedEx lobbyist Bill Primeaux is on the Executive Committee of the American Legislative Exchange Council's (ALEC's) Commerce, Insurance and Economic Development Task Force as of 2011.

Tax Dodging
For fiscal year 2010, writes the anti-austerity organization US Uncut, “When it comes to paying their fair share of taxes, FedEx simply does not deliver. When FedEx made $1.9 billion in profits, they managed to pay less than .0005% of it in taxes by using 21 tax havens. FedEx also spent 42 times (4200%) more on lobbying Congress than they did in taxes.”

2010 Revenue and CEO Compensation
In 2010, FedEx had revenue of $34.734 billion, and its CEO, Frederick W. Smith, took home a paycheck of $1.19 million.

Ad boycott against Air America Radio
FedEx refused to advertise on the progressive Air America Radio. In October 2006, around 90 companies, including FedEx, told ABC Radio Networks that they did not want their ads to play on any radio stations that carried Air America Radio.

Political contributions
Frederick W. Smith-- Chair, President & CEO of FedEx-- is a Bush Pioneer having raised at least $100,000 for Bush in the 2004 presidential election.

FedEx gave $1,234,900 to federal candidates in the 05/06 election period through its political action committee: 34% to Democrats and 66% to Republicans.

Lobbying
The company spent $3,200,000 for lobbying in 2006. In-house lobbyists as well as 13 outside lobbying firms were used, including Van Scoyoc Associates, Inc., PricewaterhouseCoopers, Bryan Cave Strategies, Sonnenschein, Nath & Rosenthal, and Womble, Carlyle et al.

Personnel
Selected board members:
 * James L. Barksdale, Chairman and President, Barksdale Management Corporation
 * August A. Busch IV, President and CEO, Anheuser-Busch
 * Shirley A. Jackson, President, Rensselaer Polytechnic Institute

Contact details
942 S. Shady Grove Road Memphis, TN 38120 Phone: 901-818-7500 Fax: 901-395-2000 Web: http://www.fedex.com

Related Sourcewatch

 * Paul Walsh